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Goldman's State Of U.S. Consumer Outlook Gets More Grim
Goldman's State Of U.S. Consumer Outlook Gets More Grim
Goldman consumer analysts Kate McShane and Bonnie Herzog cut their 2026 discretionary cash-inflow growth forecast for the second time this year, citing a worsening squeeze on U.S. households as slower disposable income growth collides with higher fuel prices at the pump. The revision points to a softening among cash-strapped consumers as the US-Iran conflict enters its third month.
McShane and Herzog cut their 2026 U.S. discretionary cash inflow growth to 3.7% from the previous forecast of 4.2% in early April, as...
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Mar 13, 2026 / Joshua Mawhorter
Revisiting Colonial Massachusetts and Mises’s Taxonomy of Money
Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.
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Apr 9, 2026 / Tyler Durden
Some Jaded Shah Supporters Express Regret After Scale Of US Bombing On Iran Revealed
Some Jaded Shah Supporters Express Regret After Scale Of US Bombing On Iran Revealed
Via Middle East Eye
The cessation of US-Israeli strikes has brought relief to people in Iran. For those among them who began the conflict supportive of the assault, it also came with a kind of realization. “I thought this was it,” says Leila, 25. “I thought the Islamic Republic was finally coming to an end.”
Leila, who like all Iranians Middle East Eye spoke to is identified using a pseudonym to protect her own safety, says she believed the strikes on...
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Sep 13, 2026 / Tyler Durden
Hey, Germany... It's Legitimate To Limit Immigration
Hey, Germany... It's Legitimate To Limit Immigration
Authored by Michael Barone via The Epoch Times,
Just weeks after far-left candidates have won surprising victories in Democratic primaries in Pennsylvania, Florida, Michigan, Colorado, and New York City for the Senate and House in the United States, the Alternative for Germany (AfD) party has won a widely predicted victory in the election last Sunday for the legislature of Sachsen-Anhalt, one of Germany's 16 federal states.
Most Democratic officeholders have rallied around their far-left nominees even as the Democratic Socialists of America national platform calls...
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